Citi Bank Personal Loans in Chennai

Citi Bank offers personal loan in just 48 hours of time from the time you have applied for. The process is quick and clear to the understanding of the applicants. You can get your cash in just 2 days. The personal lend offered by Citibank is easy to get and the interest rates are affordable. They offer for both salaried and self-employed business people; however the eligibility criteria and personal loan interest rates would differ.

Features of Personal Loan from CitiBank

CitiBank offers up to Rs.25 lacs of personal loan in just 48 hours

The loan repayment tenure can be chosen from 12 months to 60 months

The documentation is simple and quick process with easy procedures

You can apply for additional lend or fund any time after taking previous lend though repayment must be prompt for becoming eligible for this

You can make partial repayment and also pre-close with 3% prepayment charges

Personal loan is offered from Rs.50,000 to maximum of Rs.10,00,000/-

Interest rates varies between 14% and 18 percentage for both salaried and self-employed

Eligibility for Personal Loan from CitiBank:

The applicant must be over 23 years and up to 60 years can apply

Must be employed in a company and have at least 3 years of experience

The net monthly income must be Rs.20,000/- and over

For self-employed, up to 35% of salary is considered for personal loan if the company is listed and 30% if not listed

Documents Required for Applying Personal Loan in Citibank

The applicant must hold identity proof such as driving license, PAN card, bankers sign verification, photo identity card issued by Government of India, Government of Tamil Nadu, Passport and Voters ID